Dakota Wealth Management Raises Position in Motorola Solutions, Inc. (NYSE:MSI)

Dakota Wealth Management lifted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 12.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,160 shares of the communications equipment provider’s stock after purchasing an additional 345 shares during the period. Dakota Wealth Management’s holdings in Motorola Solutions were worth $1,461,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MSI. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the third quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions in the third quarter valued at about $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Motorola Solutions in the second quarter valued at about $32,000. Planning Capital Management Corp acquired a new stake in shares of Motorola Solutions in the third quarter valued at about $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of Motorola Solutions in the third quarter valued at about $33,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on MSI. Barclays raised their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Raymond James lifted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Bank of America lifted their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Morgan Stanley lifted their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $475.78 on Friday. The company has a market cap of $79.51 billion, a PE ratio of 52.11, a price-to-earnings-growth ratio of 3.44 and a beta of 1.01. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The company has a 50-day simple moving average of $475.49 and a 200-day simple moving average of $449.68.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, equities analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.92%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions’s payout ratio is presently 47.75%.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.